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  • Miami Market Report

    $723,091

    AVERAGE PRICE OF 13,112 HOMES

    $311,042

    AVERAGE PRICE OF 536 DISTRESSED HOMES

    $2,622,387

    AVERAGE PRICE OF 1,859 MULTI-MILLION DOLLAR HOMES

    $1,102,345

    AVERAGE PRICE OF 1,968 NEWLY BUILT HOMES

    $1,194,347

    AVERAGE PRICE OF 1,225 HOMES WITH A POOL

    $663,478

    AVERAGE PRICE OF 4,850 REDUCED PRICE HOMES

    Average Home

    Average Price $723,091
    Avg Bedrooms 2.17 beds
    Avg Bathrooms 2.03 baths

    Average Price by Bedrooms

    1 bedroom $346,342
    2 bedrooms $486,903
    3 bedrooms $650,009
    4 bedrooms $872,481
    5 bedrooms $1,410,699
    Miami Home Price Trends
      11/2018 10/2018 9/2018 8/2018 7/2018
    Total Listings 13,262 13,104 12,839 12,839 12,815
    Average Price $712,201 $707,907 $711,135 $704,816 $703,357
    Avg Price Change +0.61% -0.46% +0.90% +0.21% +0.95%
    Median Price $411,244 $409,624 $407,631 $399,971 $399,966
    Med Price Change +0.40% +0.49% +1.92% +0.00% +0.05%
    Avg Bedrooms 2.17 beds 2.15 beds 2.15 beds 2.16 beds 2.16 beds
    Avg Bathrooms 2.03 baths 2.01 baths 2 baths 2.01 baths 2.01 baths
    Home Price by High School
    School Name Total Homes Average Price Avg Days on Site
    Coral Gables 170 $1,301,483 135 days
    Miami Killian 102 $553,500 89 days
    Miami Senior 101 $590,315 116 days
    South Miami 121 $570,690 110 days
    Washington; Brooker T 178 $619,049 179 days
    Home Price by House Size
    Total Homes Average Price Avg Days on Site
    All Homes 13,112 $723,091 154 days
    Distressed Homes 536 $311,042 118 days
    Multi-Million Dollar Homes 1,859 $2,622,387 186 days
    Newly Built Homes 1,968 $1,102,345 171 days
    Homes with a Pool 1,225 $1,194,347 132 days
    Reduced Price Homes 4,850 $663,478 203 days
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